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American inventor Elisha Graves Otis built the first safety elevator in 1952. In the 1870s, Otis entered Europe. Its elevators were installed at the Kremlin, Balmoral Castle, the Hungarian Royal Palace and the Eiffel Tower. In the early 1900s, the Buckingham and the Mysore Palaces were also home to Otis elevators
New Delhi: For global skills development and vocational training firm Centum Learning Ltd, it is the little things that matter.
Bajaj Electricals today reported a decline of 10.36 percent in net profit to Rs 20.50 crore for the first quarter ended June 30, 2017 as sales of its consumer products segment was impacted on account of GST rollout.
For June 17 quarter, the profit in E&P segment stood at Rs 39.77 crore as compared to profit of Rs 30.87 crore YoY. PBIT margin stood at 7.1% as compared to 7.5% for June 16 quarter. For Consumer durable segment, PBIT stood at Rs 3.28 crore, down by 87% YoY with PBIT margin at 0.7% as compared to 4.6% for June 16 quarter. Thus the overall OPM stood at 4.4% and OP stood at Rs 45.23 crore, down by 20% on YoY basis.
Bajaj Electricals today reported a decline of 10.36 per cent in net profit to Rs 20.50 crore for the first quarter ended June 30, 2017 as sales of its consumer products segment was impacted on account of GST rollout.
Bajaj Electricals on Thursday reported a decline of 10.36 per cent in net profit to Rs 20.50 crore for the first quarter ended June 30, 2017. The company had registered a net profit of Rs 22.87 crore in April-June period a year-ago, Bajaj Electricals said in a BSE filing.
Bajaj Electricals has reported 10.36 per cent decline in net profit at Rs 20.50 crore for the first quarter ended June 30, 2017.The net profit stood at Rs 22.87 crore in April-June period a year-ago, Bajaj Electricals said in a BSE filing.
New Delhi: Bajaj Electricals on Thursday reported a decline of 10.36% in net profit to Rs20.50 crore for the first quarter ended 30 June.
Bajaj Electricals Ltd's Q3FY17 standalone net profit declines 16.67% yoy to Rs.30 crore : Estimates Mixed
About 50 companies including Arrow Greentech, BSE, Bajaj Electricals, Bombay Burmah, CEAT, Colgate, Cummins India, Elecon Engineering, Excel Ind, Electrosteel Castings, Greaves Cotton, Gujarat Alkalies, HCC, IOC, Majesco, Jindal Saw, JK Lakshmi Cement, JSW Holdings, Jyothy Labs, Kokuyo Camlin, Mro-Tek, PTL Enterprises, R Systems, Ramco Cements, Ramco Systems, Titan Ind, Ujjivan and Welspun Corp will announce their Q1 numbers on Thursday.
LONDON, July 18, 2017 /PRNewswire/ -- According to Stratistics MRC, the Global Induction Cooktops Market accounted for $XX million in 2016 and is expected to reach $XX million by 2022 growing at a CAGR of XX% from 2016 to 2022. Quick urbanization and adoption of energy efficient kitchen appliances by consumers are the key drivers impacting the market growth. Moreover, changing lifestyle and increasing prices of conventional cooking fuel are favouring the market growth.
Makers of consumer durables are facing trouble selling new stock and passing on new prices to dealers and trade partners after the goods and services tax (GST) took effect
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Prime Focus, Bajaj Electricals, Torrent Pharma, Balrampur Chini, Dhampur Sugar, Rajshree Sugars, and Ugar Sugar Works.
Shares of Bajaj Electricals rose 4.6 percent intraday Tuesday as it has acquired additional stake in Starlite Lightning.
Bajaj Electricals has exercised its right to acquire 28% stake in Starlite Lightning under a previously signed agreement with the promoters of the company.
Bajaj Electricals sees immense opportunity in the connected devices space and is moving ahead to tap the potential of IoT (Internet of Things) based products. The consumers are not only ready but eager to evolve into this new world of possibilities, the company said in its annual report.
Further rally in the Indian equity market (read Nifty 50), which has gained 16 per cent year-to-date, will be delayed as earnings growth will be hit on account of implementation of the Goods and Services Tax (GST) — the second-biggest reform in nine months (after demonetisation) — from July 1.